Must-Reads: May 27, 2016

• Kostadis J. Papaioannou: “Hunger Makes a Thief of Any Man”: Poverty and Crime in British Colonial Asia
• Josh Bivens: Larry Summers, the Congressional Progressive Caucus Budget, and the Abandonment of Fiscal Policy
• Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer: Diagnostic Expectations and Credit Cycles
• Eric Loomis: Jobs for Those Who Lack College Degrees

Should Reads:

• Peter Edelman (1997): The Worst Thing Bill Clinton Has Done: A Clinton appointee who resigned in protest over the new welfare law explains why it is so bad and suggests how its worst effects could be mitigated.
• Richard Mayhew: Exchange Strategery thoughts
• Miles Kimball: Against Anticompetitive Regulation
• Noah Smith: John Cochrane’s 101ism, Overtime Pay Edition
• Nick Rowe: Accounting for Central Bank Profits
• Live from the Republicans’ Self-Made Gehenna: David Roberts: Trump promises ‘complete American energy independence — COMPLETE.’
• Today’s Economic History: Leszek Kolakowski vs. The Hacks of the New Left
• Anderson: ThusTweeted: “It looks like you are outraged. Are you SURE this is a hill you want to die on?”